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The Rent is Too Damn High: San Fran Residents Pay $1,000/Mth To Live In Shipping Containers
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
There’s nothing quite like a grotesquely lopsided “economic recovery” in which a handful of cities boom, while the rest of the nation stagnates. Even worse, millennials living in such chosen cities face one of two options. Either live in mom and dad’s basement, or face a standard of living far more similar to 19th tenement standards than the late 1990’s tech boom.
With that out of the way, I want to introduce you to what a $1,000 per month rental in the San Francisco Bay area looks like. Shipping containers:
Don’t worry, there’s a lovely garden out back:
We learn more from Bloomberg:
Luke Iseman has figured out how to afford the San Francisco Bay area. He lives in a shipping container.
The Wharton School graduate’s 160-square-foot box has a camp stove and a shower made of old boat hulls. It’s one of 11 miniature residences inside a warehouse he leases across the Bay Bridge from the city, where his tenants share communal toilets and a sense of adventure. Legal? No, but he’s eluded code enforcers who rousted what he calls cargotopia from two other sites. If all goes according to plan, he’ll get a startup out of his response to the most expensive U.S. housing market.
“It’s not making us much money yet, but it allows us to live in the Bay Area, which is a feat,” said Iseman, 31, who’s developing a container-house business. “We have an opportunity here to create a new model for urban development that’s more sustainable, more affordable and more enjoyable.”
As many as 60,000 San Franciscans live in illegal housing, according to the Department of Building Inspection.
Iseman collects $1,000 a month for each of the 11 structures parked in the 17,000-square-foot warehouse he rents for $9,100. Tenants include a Facebook Inc. engineer, a SolarCity Corp. programmer and a bicycle messenger.
It’s not even San Francisco proper either, this is in Oakland. You could probably catch $2k per month for a cargo box in the Mission.
Iseman used to pay $4,200 a month in San Francisco’s Mission District for a two-bedroom apartment with a slanted floor and mosquito-breeding puddles.
He bought his metal box for $2,300, delivery included, then cut out windows with a plasma torch and installed a loft bed, shower and bamboo flooring. He estimates his all-in cost at $12,000, and plans to sell refashioned containers for about $20,000 through his company, Boxouse.
“What we’re doing is converting industrial waste into a house in a couple of weeks,” said Iseman, who also founded a pedicab fleet. Meanwhile, he doesn’t plan on seeking city approval for cargotopia, whose location he asked not be identified. “I’d rather ask forgiveness than ask permission.”
I want to be clear that I’m not knocking Mr. Iseman for starting this project. He seems to be a well-meaning, entrepreneurial guy trying to make the best out of a bad situation and solve a very real problem on his own. What I am knocking is the criminally corrupt American oligarchy, which left this legacy to our youth due to their unfathomable greed, cronyism and nearsightedness.
Of course, I’ve covered this trend several times over the past several years…
Coming to San Francisco…Tenement Sized Apartments!
Back to 19th Century Living in NYC: Bloomberg Proposes “Tenement Sized” Apartments for $2K a Month
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Well, it's in Oakland. There are some really nasty neighborhoods in Oakland. Also some really, really big old money in the hills. I suspect the containerville is closer to the former and pretty far from the country club.
Well, it's in Oakland. There are some really nasty neighborhoods in Oakland. Also some really, really big old money in the hills. I suspect the containerville is closer to the former and pretty far from the country club.
Dont forget landscaping and cleaning crews, dont want to get on the wrong side of the HOA...
"it allows us to live in the bay area" hahahahaha guy deserves whatever he gets. Keep suckin on that progressive crackpipe
It allows them to hang out in their mutual-admiration society. There is no price that these vacuous a-holes won't pay to stroke each other's egos.
What we're doing is converting industrial waste into a house in a couple of weeks
So, he would rather live in industrial waste than selling it for scrap. Okay, whatever.
Edit: maybe he can sue the city later on for negligence in not condemning his cargo cult before it gave him cancer.
Does it qualify for Section 8??
No
No air conditioning or central heat. No room for that 62in Flat Screen Tee Vee and no front porch to watch all the idiots going to work.
Perhaps he was referring to section 8 as used by the military.
"Does it qualify for Section 8?"
SF SECTION 8 WAITLIST IS CURRENTLY CLOSED AND SFHA IS NOT ACCEPTING APPLICATIONS AT THIS TIME.
No inflation here folks,,, move on, move on.
Thats cheap, at least they livin
"The Rent is Too Damn High: San Fran Residents Pay $1,000/Mth To Live In Shipping Containers"
But then who owns the land that the shipping containers lay upon? Government is who.
The banksters and streeters run their grifting schemes that then push up the level of fake wealth around San Fran. This in turn induces the governments in and around said area to push up the rents within their domains so as to better service their fiat-debts to the banksters and streeters out east.
And so the peasants of the region are caught between a plunder and a ponzi, and so must work to barley live, while hoping not to get dragged into the "criminal justice" scheme as well.
Liberty is a demand. Tyranny is submission..
"Help, I've fallen into Zion's plunder, and I can't get out."
Blue Tarp Blues is a great song...I guess Tin Shack Tears would work..without tarps and containers from China, we'd all be under a tree or in a dirty old cave....I for one, welcome the new overlords...
The government is prepared, are you?
You can rent a huge villa with pool in Spain for 1000 dollars a month and have fantastic weather and REAL Food.
where? looking to go expat
Google is your friend.
If you learn how to put in your search terms and READ.
Don't mean to be curt but actually there are fantastic deals in Spain right now. My neigbhours here have a home in the hills overlooking Valencia and the Med.
Anywhere in Spain is fanastic. I lived in Madrid for 3 years and have been to every corner of Spain. Up north near San Sebastian and the Pyrenees is awesome. although cooler in winter. Looks a lot like Northern California.
Down south in Andalucia is warmer and loads of fresh veggies grown year round. Its like Southern CAlifornia without the retards.
I always tack on cleaning fee and a refundable damage fee. You forgot to add that and airfare cost. Stay out of the rental market, you won't survive.
That's how Eurotrash minds think, the government will bail me out.
You are fucking moron . I dont take any govt help. I worked for a living all my life
Ameritrash like yourself are the leeches to govt.
Fuckign lowlife Americunt trash.
Thank you for being our clown .... I'm afraid ZH Corporate .... uses you as a distraction .... so we don't get to hear from the heavy duty lefties .... you are like fair and balanced filler .... light entertainment .... easy listening, elevator socialist babble ?
Says the clueless fucktard from the Useless Snakes of Faggots
Best clean up your computer cashe and close down the other two ZH accounts.
Says the clueless fucktard from the Useless Snakes of Faggots
The inferiority psychosis is strong in this one!
Don't worry Dutchy, you'll probably get a chance to fight off the Germans on your own without us before you're all old and infirm...
Thanks for being a perfect example of a shit for brains ,know nothing Americunt fucktard.
You never fail to prove it .
I enjoy his posts.
Its like watching a really drunk chick at a bar that looses composure and starts cussing everyone out and crying, limping around because she broke a heel on her shoe. I can just see the mascara trails running down his face right now....
You mad, Bro?
Your delightful posts are always seasoned with such profound curses and coarse language. You are a proud graduate of Dutch College of Minimal Knowledge. And, thanks for the paint. Oh, and that finger-in-the-dike thing. Wait, was that a dyke? No matter, keep it there.
Sincerely, Ceptional Merkin.
I understand you want to defend yourself, but actually the guy might be sort of neutral. He might be non-government and non-corporate... but I don't know.
And absolutely positively NO JOB. You left that out.
Is the inquisition over for certain? Just asking.
I call BS. You know I looked at that. Yeah, there was a story about Barcelona. I had a German Dentist that loved Barcelona and went there for Silvanor/Silvaner.
Anyway... Barcelona had an apartment bubble/condo bubble, so the did have $1000 apartments from what I heard.
But... ah, you always want to hunt and peck.
I guess I don't want to live on the beach and feel tidal protection is further up the slope. But expats are still crazy. They will pay for beach-side.
But that is my weakness beside not having been to Spain or having direct info on apartments...
Generalizations about apartment prices don't explain how prices can be cheaper away from the beach...
I would promote my state and what a $1000 gets here, land, scenic view, easy seasons, good hearted culture, low cost of living....but I don't want any of those kind considering a move.
Just ask any true native of Southern New Hampshire. The Massholes moved up there fleeing high taxes. Once they got there they looked around and said, hey we don't have all of the "public services" that we had down in Massachusetts. Let's vote for some.
S.F Bay Area has a Cult-like effect on alot of sheeple. People once told me out there, if they ever wanted to commit suicide, jumping off the Golden Gate Bridge would be a romantic way of doing it....
That's harsh BO! A minimalistic Lifestyle according to one's budget. A reflection of the NEW REALITY as opposed to the hubris of zero down subprime.
The sheeple don't realize that Ben and Janet printed, which inflated housing rental and purchase costs. TARP and QE's inflated rents. There is no free money printing. The sheeple pay.
With 10 people it will only cost $100/month. Sharing is caring. just ask MDB.
Luke Iseman.
King of the Slum Lords.
I could say something racist, but why taint myself with crud?
"Little boxes on the hillside,
Little boxes made of ticky tacky,1
Little boxes on the hillside,
Little boxes all the same.
There's a green one and a pink one
And a blue one and a yellow one,
And they're all made out of ticky tacky
And they all look just the same.
And the people in the houses
All went to the university,
Where they were put in boxes
And they came out all the same,
And there's doctors and lawyers,
And business executives,
And they're all made out of ticky tacky
And they all look just the same.
And they all play on the golf course
And drink their martinis dry,
And they all have pretty children
And the children go to school,
And the children go to summer camp
And then to the university,
Where they are put in boxes
And they come out all the same.
And the boys go into business
And marry and raise a family
In boxes made of ticky tacky
And they all look just the same.
There's a green one and a pink one
And a blue one and a yellow one,
And they're all made out of ticky tacky
And they all look just the same."
- Malvina Reynolds, "little boxes "
“We have an opportunity here to create a new model for urban development that’s more sustainable, more affordable and more enjoyable.”
It's called agenda 21.
https://youtu.be/9MxMif1tBVk?t=52s
Luke's HQ a cargo container?
I didn't think so.
Damn she's hot... oops puked a little.
Agenda 21's blueprint is a disquise for land grab. Agenda 21 is the enemy of Americans.
https://www.youtube.com/watch?v=ONURVHh4oak
8 min of Agenda 21 visible so far
(Fukishima's nuclear meltdown underway since 2011 is never mentioned... The reckless disregard of our environment by energy companies has never been worse via fracking, oil spills impacting large bodies of water with no real consequences. Agenda 21 is not what it seems)
It's called free will.
Each person can choose to be a rent/mortgage slave, or move someplace else where they can live comfortably and well. So the S.F. cost of living is not high, it's a personal choice.
What is the cost benefit ratio in renting a storage slip like those in 2007-2008 after losing their Barny Frank/Greenspan McMansion lovenest.
Renting Storage Units at Uncle Bob's Self Storage
/sarc. Can you imagine the raindrop noise sleeping in a container?
My husband is living in a converted container overseas, and he said the rain was loud but nice, like a tin roof.
How did you manage to pull that off?
LOL, he's on a work assignment.
Yet another thing the book Snow Crash got right about the future. Along with fucked up politics and corporate control of everything.
Now if I could only get "Reason."
+1000
For those of you that haven't read Snow Crash...
Reason is a railgun in a rotary cannon configuration which fires depleted uranium flechettes. It is mounted to a large, wheeled ammunition box and is equipped with a harness for user comfort, a nuclear battery pack, and a water-cooled heat exchanger. The weapon, created by Ng, was still in beta testing, and suffers a software crash during a battle. Hiro is later able to apply a firmware update, and uses it until its ammunition supply is depleted. It bears, in inscription on its nameplate, the Latin phrase Ultima Ratio Regum, "the last argument of kings" (i.e. violence).
Neal Stephenson is a great writer. His article on the "Fiber Loop Around the Globe" (FLAG - one of the first private fiber-optic undersea cables) is amazingly detailed and interesting, from both technological and historical perspectives. http://archive.wired.com/wired/archive/4.12/ffglass_pr.html
Every ZH'er should read it, if only to understand the complexities (or internecine warfare) of gov't granted monopolies trying to split their spoils.
This is how the cuckservatives and liberal scum bags want us to live as they keep importing millions upon millions of wetback criminals, utterly worthless somalians, h1b job theives, and a plethora of other culturally incompatible third world savages. They're sick bastards who are out to destroy the traditional White American because they see us as the only ones who can stop them. They do the same in Europe for the same reason.
The chinks drive house prices way up, which means people who normally buy, have to rent. Couple that with the techies who work in Santa Clara country but can't stand to live there, rents are now ridiculous in SF and the East Bay. Eff the chinks and eff the technies for destroying the Bay Area.
so the fed and the criminal government export inflation all over the world, especially to china, the chinese realize they have worthless paper and then return to the US to cash in the worthless paper for some tangible assets and you get mad at them? where did the techies get their money? did it have anything to do with ZIRP and QE and wall street chasing yield? or did they use their own money to pump billions into companies with no revenue?
the fed blew the current bubble in SF. the fed made china blow their bubbles thanks to their dollar peg (granted the CCP was retarded for playing that game). youre getting mad at people who were downstream and are only acting rationally in an irrational world.
A guy was making container houses around here for a while.
He made a regular hinged 2x4 roof that folded out with a fan in the gable and cut in windows with a door in the fixed end. The big fold out doors opened to make a screened porch area over a flat deck. Foam insulated an drywalled, it was pretty nice inside with a parquet floor.
People were buying them for deer camps and bootleg getaways in the country. You could heat the thing with a candle and a tiny window AC kept it cold in 100 degree temps.
The fact is that it's much cheaper to just build with conventional 2x4's and T1-11 siding like a shed.
Is this Stan's kid? Anybody here who knows the head of American Realty Advisors would know why I ask.
HUD free rent for Muzzies .... is competing for rental space .... in a theatre of war .... near you !
So basically the guy rented a warehouse and converted it to illegal (albeit more affordable) rental units. I think that's great. It's capitalism at work.
The #1 problem with too-high rent in San Francisco and other places like NYC is RENT CONTROL.
Rent control encourages commercial and luxury building (which are exempt from rent control rules), and discourages investment in affordable or low-income housing (no profit in it). It also skews renters' behavior....the turnover rate of rental housing in rent control cities is much lower than other cities.
I hope this guy has weekly economic lessons with his tenants, because I bet they are anti-capitalists who love the idea of rent control and would try to put him out of business if they found out he is attempting to make a prifit here.
The problem in SF and NYC is not rent control. It's foreigners, mainly chinks, laundering their money by buying real estate. This makes houses unaffordable, so more people have to rent. SF has the added disadvantage in that Silicon Valley tech creeps hate living in Silicon Valley, so they rent in SF and the East Bay, thereby driving rents even higher.
more bullshit. it's an idiotic point to insinuate that all chinese people are laundering their money. the overwhelming majority of chinese buyers are middle class who got rich thanks to the real estate boom in china. you implying that this money needs to be laundered is like saying every american who sold--or took out equity on--their homes when the prices were sky high is a criminal who needs to subsequently launder their money. see my post above to understand the true cause. hint: it's the fed stupid.
more bullshit. it's an idiotic point to insinuate that all chinese people are laundering their money. the overwhelming majority of chinese buyers are middle class who got rich thanks to the real estate boom in china. you implying that this money needs to be laundered is like saying every american who sold--or took out equity on--their homes when the prices were sky high is a criminal who needs to subsequently launder their money. see my post above to understand the true cause. hint: it's the fed stupid.
more bullshit. it's an idiotic point to insinuate that all chinese people are laundering their money. the overwhelming majority of chinese buyers are middle class who got rich thanks to the real estate boom in china. you implying that this money needs to be laundered is like saying every american who sold--or took out equity on--their homes when the prices were sky high is a criminal who needs to subsequently launder their money. see my post above to understand the true cause. hint: it's the fed stupid.
Yep.... And they are bringing ten of the cousins with them illegally to work as their slaves for years on end. But we are being enriched by their culture so we have to be grateful. #...
True... these slanty eyed carpetbaggers need to be run out of the country on a rail.
They're not in the country, they're in main land China, "Investing" here to get a visa, so they have a bolt hole when things really go splat in China.
#41
Chosen,
The #1 problem IS rent control, whether you want to believe it or not. Rent control has been an economic problem LONG before the Chinese were even allowed to visit the US, much less allowed to buy real estate in the US. It existed before Silicon Valley as well.
Your points are valid, but mine is 100% accurate. Without rent control, the supply & demand problem would work itself out. You'd see apartment buildings going up overnight. But take away the incentive to build (profit, which I accidentally misspelled in my previous post), and you get the status quo.
I didn't downvote you, by the way.
You nailed it, though toolishly. And the Chinese aren't just parking money, they're coming here. A shitload of high rise dwelling space is going up over there and most is already sold. I've noticed even in my east bay condo association a lot of Chinese folk appear to be buying (aside, one woman found dead a couple years back was apparently some sort of Clintoon bag lady).
I'm gonna need to be relocating to my place in Nevada soon, I'm a fan of "not many people per square mile"...
Not foreigners looking to lander money--
instead--Farcebook, Google, Apple
megazillionaires with nothing else
to do with their money.
The pimps and whores at the National Association of Realtors would tell you this is a good thing.
How much to live in a cardboard box in Central Park per month?
Where is the Penn Station train yard located?
They would good shelter during an earthquake.
I read this story elsewhere, the place is located in Oakland, not Sf due to size and zoning laws
Might be good for some places but I hear it even gets pretty cold in northern Cali. The climate in and around the bay area is pretty wet/humid too right? Those folks won't be in those containers for long... sustainable? They don't understand what that word means.
I upscaled and got me a two story model, toilet is on the lower level off course, next to the compost heap.
Im downsizing, empty nester and all. Im moving out of my container and into a a washing machine box...
Meet the new American middle class.
Don't you like how the farmer girl in the photo is bent over like that?
Classic. Assume the FED mounting position Americans!
You dont really even know if thats a chick or not, this is the SF Bay area afterall.
Hah! Hilarious, FS. Yeah, those gays sure are pathetic, huh guys?! Way to bring the IQ, Fifties Guy.
Glad to see that Degree from Wharton pay off.
Cargotopia.
^^^^^^^
Did get me an LOL. T/y
Capitalism at its best.ZH cannot have it both ways. We are always told socialism sucks.Well then everything sucks in the ZH house of lament.
Not sure you caught the message on this one.
Dominus,
That's what I said....capitalism at work. The guy is trying to provide a free market solution to a socialist-policy problem. His tenants will probably turn him into the government if they find out he's trying to turn a profit, so hopefully he has a Plan B. LOL.
with $1000 per month one can travel several hundred miles each working day back and force to work and back to country side home
Robert Kiosaki's next book: "What schools will never teach you about getting rich off of sustainable container housing".
I pay a tad less than that for my mortgage for a 1600 sq ft 3/2 on 2 acres of land. Fuck you.
I'm guessing a fella could score some pretty nice poon tang in that container farm - looks like it's chock full of ideology-addled college girls. Hey baby, being a cheap date is the same as sustainability!
"their unfathomable greed, cronyism and nearsightedness." BS. Go live in your 60 Sq Ft tiny house and have fun. Go to work, work hard, save and earn money and buy a real house some day.
It's clear the game is rigged. The support for Trump states most people know this. So what's the deal? Why are you feeling contempt toward these people in a jobless economy. Do you despise the needy?
Story:
Chase is my mtg co. AAA of So Cal is my HO insurance. 15 years in home. 1 claim of 2000, 1,000 deductible. (I ended up paying for nearly all of it). Received AAA at graduation in late 70s - been a customer for 35 years. Never filed an auto claim due to my fault.
Early in the year, much to my surprise, my insurance was not renewed due to some reason which has never been made clear to me. I have an escrow account. I was without insurance for 2 months when I was finally notified. Chase did not even put their obligatory 10 x the usual cost HO insurance on it during that time frame.
Then, I get a letter that because of lapse, they ran a credit check on me and due to less than perfect score, my insurance rates are going up.
They are going for our jugular.
From this web site:
http://www.consumeraffairs.com/insurance/aaa_homeowners.html
Anthony of Burnsville, MN on Jan. 13, 2015 Satisfaction Rating"I had auto and home insurance with AAA but I just terminated all when all was up for renewal. Premium for next term is suddenly doubled. Home insurance premium increased from $973/year to $2166/year. Auto insurance premium increased from $700/year to $1800/year. For both, not even a claim since I purchased the policy in 2009. It is absolutely absurd. Their reason to boot up premium is because my credit score. I know for sure that I am having good credit report because I just closed my mortgage loan. I think if you have not filed any claim in the last five years, then you have very high chance to file a claim in the next year or so. That is why they try to dump you first."
When you grow up you're going to live in a shipping container down by the river!
https://www.youtube.com/watch?v=3nhgfjrKi0o
I like tiny houses.
i like tiny titties
Mi too! Those big flabby bags of goo spread all over when de bitch be lying dere....mi likem teeny!
Perky titties and puffy nipples ;O
they do make nice bug out cache storage sites nobody breaks into one of them babys without a torch and a whole lot of gas and if you let the woods grow back over time and erase the road nobody even knows it's there
Don't all Californians belong in shipping containers? I see no problem here.
Sustainable Agenda 21 homes/coffins. Just think how small your carbon footprint is!
they want to see how low you can go.
drought
mini apartments
What the fuck is so great about San Francesco that would make you want to live in a shipping container just to be there? I've never been there and by the sounds of it, I have no desire to go. Sounds like a bunch of douchbags live there.
It's DOUCHEBAG....douchebag.
...and not true anyway.
Now....ASSHOLES AND IDIOTS think it's great to live in San FranCISCO, Mister SpellFuckerUpper, and tourists love the fuck out of it...
so they don't need you....
Sincerely,
San Francisco Asshole
yeah let's stick with the fucking program mr. helper - FYI this isn't a discussion about grammar, punctuation and spelling. If you want to yell at people about spelling go teach english to some shitbag illegals, mkay?
I lived in a closet under a stairwell there for 4 months and I couldn't get out fast enough.
(Que "you came out of the closet in SF" cracks in 3...2...1...)
Moved over to a townhouse apartment in Richmond, CA. Rent was more than parents mortgage back east, but it was in the ~1% of Richmond that wasn't a shithole at the time...
It is a shit hole, bums everywhere, smells like pee and vomit, more hyperdimic needles than cig butts...and if your in the tenderloin you might step on a tenderloin pie (bum crap)..
If you are a highly competent web deverloper you can bill $1K a day, for 20 business days per month.
A Wharton School of Business graduate? Supposedly one the most prestigious business schools if not in the world, then in the US. I couldn't stand the humiliation of it all, were it me.
Why not? At least he's not living with his parents, crying about how the country owes him a living wage of $60,000 for earning a degree. He's doing exactly what I hope Wharton taught him: capitalism. What is humiliating about creating a job/business for yourself?
You make a good point. I just wouldn't want to participate in such a endeavor, as a Wharton Graduate, supposedly...hopefully, knowing that the housing economics of the Bay Area is created by gov't interference in the market place..."smart growth" policies. I'd find a position within a more free market regulated housing sector (i.e. Texas or most of the Southeast), and scream loud and clear how average people are being robbed blind by socialist ideology.
Up arrow and 100% agree with you there. My first comment on this was along those lines. SF has rent control, which is the #1 cause of high rents. It ruins the free market. I also said that this guy's tenants will probably rat him out to the government when they find out he is trying to make a profit. LOL.
I'm going to remember your name. I don't post often anymore, but it seems we are definitely on the same page.
And you are willing to say that publicly?
"Those of us out in Flyover Country have all-in mortgages less than $1000 per month in a 5000sq ft house, with 15 acres, a barn, lots of garden space, swimming pool, etc." --SumTing Wong
Yeah... but you're talkin' frickin' Nebraska and the like, with their long, miserable summers, longer, miserabler winters, and backward-ass religiously stupefied blue pill trog population. I'd need at least a seven-figure salary to consider living there for even part of the year. Texas was bad enough, but at least they've got Austin.
LOl, because summers in Chicago, NY, and D.C. are so much nicer.
and filled with bankrupt big gubernment stupefied red pill FSA thug population.
Yeah, and their winters are great too! ;)
Pussy!
We don't like queers in Texas, probably why you didn't fit it...
hint: don't live in scamfrancisco
sh, you do a damn good job at uncovering these kinds of stories. Kudos to you! But, did you solve the rental problem that I gave to you. When I propose the solution then do not tell that you already knew. If you know then you have to tell it now.
The rental problem is in here: http://just-a-thought-from-thinair.blogspot.com/2015/07/irrational-marke...
http://just-a-thought-from-thinair.blogspot.com/
If the guy was smart he'ld cut the tops off them and put netting over them and sell space to people to grow food and other organics in.
Shipping container green houses.
And you are going to pay more than $1000 per month to grow organic food? I think not....
That's not that bad. I pay $1,000/mth to live in a garage.
$185 / 980ft - Great Storage/Garage
410 E 19 Street Oakland 3 blocks from Lake.
Easy access-faces street!
This garage is good for storage or parking spaces.
$185 each space. There are 4 spaces.
Discounted price if you rent multiple spaces
There has to be a way of bridging these markets.
i would move to a different state b4 living like this.
The reason WHY the rent is so high is this.
Starting in about 2009 people started renting out apartments on airbnb or other like vacation rental sites.
Lots of foreign people bought places in SF said to hell with the laws, evicted everyone including disabled and rented them out.
Two of them this week were fined for doing this after being sued by the city. Now these places are off the rental market, people with rent control are even doing this to make money. A vacation rental can bring 8K per month so the few rentals left now rent for say 5K.
One of the worst landlords is a woman from Kenya who bought like wild and evicted everyone.
That is the reason, no apartments for rent monthly.
If you untax something you get more of it. In San Fran, they have untaxed land rents, and hence they get more rent - seeking.
An expensive house in San Fran, if plopped down into rural area anywhere, would fetch much lower prices.
The expensive property is due to its site value. Site value is due to community inputs - NOT INDIVIDUAL INPUTS.
Think of it like a a game of tic tac toe. The middle square always has the highest value simply by its placement. The other squares are what gives the middle square its prime value.
Ironically, if land site value is taxed, you get more - which seems to break economic rules. For example, a relatively unused warehouse is taxed appropriately, the tenet moves away, and the warehouse is converted to a high rise. Or, the warehouse is converted to something more economically viable for that location.
The other "more" to taxing site value, is government can then untax labor. In a credit money system, whatever is pledged to the banker is money that is untaxed, so government must tax labor or do other regressive schemes to fund its operations. Taxing site value prevents bidding up of housing. Taxes and Prices almost never go up simulataneously. So, higher taxes recovers unearned rents, and lowers prices.
Taxing away unearned rental income is where taxes naturally should occur; this then removes unproductive economic overhead and allows labor to function efficiently without being bent over and probed from behind.
Proper taxes on rents, and a proper money system? No - humanity cannot have that, it must have its nether regions probed, and its mind simultaneously hypnotized with bad thought. This bad thought is funded by usury out of finance/banking, and make no mistake, private bankers are the worst rent seekers of all, especially as they earn usury for simple keyboard money creation.
All you productive laboring types, must work to pay welfare to the rich, and you must work to pay welfare to the poor. You must work and bow down to the superiority of capital, even if that capital was stolen in high prices (or created) in various rent schemes.
MEFOBILLS: Glad you are Back.
I was afraid you might have other interests that prevented you from posting.
Thanks. I'll take a look at what you are saying here.
Makes perfect sense. You can extend that consept to income taxes as well. Significantly raising the taxes on corporations would force them to invest in projects that reduce their tax commitment, like expansion, investing in tax exempt employee ebenefits, etc. And raised taxes can benefit the country's infrastructure which has suffered because of low tax rates. America experienced its highest growth rates and greatest employee satisfaction levels when its top corporate tax rates were something like 90%. The lower the tax rate the less corporations invest in expansion and the more they cut employee benefits and keep wages down, and the more they hang onto their cash reserves. Sounds crazy, but it is true.
Why $1,000 per month...he lives in San Francisco..remember the real estate motto...location...location...location!
where's the point? if you cant afford to live there, move somewhere else! whoever wrote this is an extremely 1d1ot1c tyler incarnation. The real Tyler probably just cashes in on this site nowadays...
Greetings from San Francisco! Where you can take it the bum, pay $1000 month to live in a tin coffin, get shot in the head by an illegal immigrant, and take in all the smells of piss and fish (feminists).
Can't be too high. Just think of the minimum wage. As "everyone" knows that is a good thing. And what else but a minimum wage is a rent? There can't be to high the rent to improve the purchasing power, because you know the money will get spend. You don't think so? So why do you think minimum wage is a splendid idea?
On the bright side, they're fireproof
You just don't want to be stuck in one when surrounded by flames...unless the beef jerky look is the new thang in those parts
Won't be long before the Gestapo shuts down this operation and sentences this guy to more years than the typical child molester. The one thing this guy did to stave off the Gestapo is choose Oakland over San Francisco, but with any semblance of success, the city will come calling to fine this guy into the stone age.
What are used RVs costing in California these days? Back in 2003 when I lived there, a friend bought a decent used RV for $4,500. Wouldn't that be a cheaper and better accomodation than the boxhouse at $20,000 or even $1000 per month?
You are correct. For less than $5K you can get a travel trailer.
http://www.rvtrader.com/dealers/Beaumont-RV-729112/listing/1995-Jayco-21...
The Wharton Grad needs to go back for some real estate 101 lessons.
His ground rent is too high.
His rental rates are too low.
His density is too low.
He doesn't have proper entitlements in place (No vested tract map and it sounds like he hasn't gone through Coastal Planning Commission or Fish and Game Waterways approval - he is staring at about $100K in fines if they catch up with his ass!)
His branding sucks.
His designs (interior and exterior) suck.
In short, sounds like a squatters camp to me. The city will come down on them soon enough lest the squatters start to build a case for use by adverse possession!
Excellent post - I read the entire thing carefully and am very glad you posted it. More people need to wake up and understand that life is about living, not about perpetually "doing" just to continue to perpetually do. It's one thing to fix your own roof, occassionally. It's another altogether to sit in 90 minutes of commuting traffic (or more) each way, everyday, just to barely break even after living expenses. When it comes to money, it's not what you make, it's what you keep. And when it comes to quality of life, it's well... if someone doesn't know what makes life good, then that's probably why their life sucks. People need to learn to lead themselves more - not be led by others by the nose. A good place to start is this book: www.x234.com/book
"millennials living in such chosen cities face one of two options. Either live in mom and dad’s basement, or face a standard of living far more similar to 19th tenement standards than the late 1990’s tech boom."
Well, I guess if the crushing student loans didn't convince you that the formal economy is predatory, then grease-up, bend over and take it some more!
And WTF are these idiots living in shipping containers for??? You can buy a small RV for less than $12k AND have your own toilet and kitchen and A/C and off-grid 12V electrical system and everything else. Best of all, because RVs come with their own wheels, it's easier to cheese it when the fuzz comes sniffing around. Hell, I'd buy a small motorhome and move it around everyday. Park on side streets, or in Wal-Mart parking lots and you're golden.
Leave it to millennials to overengineer homelessness.